22 Jun 2016 13:15
NOTIFICATION OF TRANSACTIONS BY DIRECTORS, PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED
PERSONS
Notification made in accordance with Disclosure Rule 3.1.4R(1)(a) of the
Disclosure Rules and Transparency Rules.
On 21 June 2016, Severn Trent Plc ("the Company") granted 193,012 Ordinary Shares under the terms of the Severn Trent Plc Long Term Incentive Plan 2014 (the "Plan") following approval of the Directors' Remuneration Policy by shareholders at the Company's 2015 Annual General Meeting, including 142,979 Ordinary Shares to the Directors and PDMRs of the Company as set out below. These Ordinary Shares will vest at the end of a three year performance period, depending on the achievement of performance targets and service with the Company.
Name | Status | No. of LTIP Shares Subject to Award
|
O R Garfield | Director | 46,115 |
J Bowling | Director | 18,529 |
E FitzGerald | Director | 14,453 |
S Bentley | PDMR | 11,807 |
A P Smith | PDMR | 10,676 |
M J Kane | PDMR | 6,073 |
A J Ballance | PDMR | 8,849 |
H Miles | PDMR | 10,217 |
B Kennedy | PDMR | 9,957 |
E Dickey | PDMR | 6,303 |
The Company received notification, pursuant to Disclosure Rule 3.1.2R of the Disclosure and Transparency Rules, from each of the PDMRs on 22 June 2016 concerning the grant of their Award (as set out above).
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Severn Trent (SVT)